The Week: City News - Chime posts record profits

Chime Communications, the parent company of VCCP, Stephens Francis Whitson and the PR company Bell Pottinger, has posted the largest first-half pre-tax profit in its history.

It saw pre-tax profits grow 4 per cent to £8.5 million for the six months to 30 June, with operating profits rising 3 per cent from £9.1 million to £9.4 million. Chime, led by its chairman, Lord Bell, attributed the figures to a healthy stream of new-business opportunities, as well as an increase in income from some of its larger clients.